The New England Farmer volume V1 1822 23

Cover The New England Farmer volume V1 1822 23
The New England Farmer volume V1 1822 23
E John Solano
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which, at Is 6d. Per lb. Is 1800/. Per annum adilitional profit.
Computing the Excise Dul}', as lately sub- mitted to the House of Commons, at 055, 424/. 1. *. 8d. ])or annum, the weight of leather is above til'ty millions of lbs. And one-sixth increase of weight (as described above) nearly nine mil- lions of lbs. At Is. Gd, per lb. Is no less than 675, 000/. Per annum, derivable by the trade and the public ; and if the old duty had not been half repealed, the revenue would have benetit- ed 109
..., 16t3/. Per annum, or 54, 583/. At the pres- ent rate of duty.
But duly considering the great advantages of weight alone, it would have been impolitic to repeal the old duty, as the tanners might have been placed better than duty free, while the revenue itself would then have really been a- bout 4. 57, 000/. More than it is now, and thus (up- on moderate calculation) above one inilliou ster- ling may be annually saved.
1 deem all further remarks superfluous, ex- cept that 1 hope every editor who copied the fabulous paragraph will feel it a duty due to the British Leather Company, and to the public, to follow it, by inserting this letter likewise.


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